Gazprom Says Gas Transit Capacity Via Black Sea Pipelines Equal to Transit Via Baltic Sea

Oct. 14, 2022 (EIRNS)—As TASS reports, Gazprom CEO Alexey Miller told Russia’s Channel 1 yesterday that the capacity of the projected gas transportation system to run across the Black Sea may be comparable to what was lost in the Baltic pipelines as a result of Nord Stream pipelines sabotage. “If we talk about volumes that would appear in the TurkStream corridor, about new gas transit capacities, then we are talking about the volume that we lost in the Baltic, in Nord Streams [1 and 2] due to the acts of international terrorism,” he said. In Miller’s opinion, the proposed new volumes of gas will find demand on the market.

“There are valid gas delivery contracts for Nord Stream 1. For reasons outside our control, we are not delivering gas under these contracts at the moment, but those contracts are still valid, and there are buyers interested in purchasing those volumes of gas,” he said.

The Russian gas holding company has capacity to build offshore pipelines on its own and within a relatively short time frame, Miller said, confirming that the creation of a new gas hub on the border between Turkey and Europe is now being discussed. In fact, TurkStream was a subject of the discussion between President Vladimir Putin and Turkiye’s President Recep Tayyip Erdogan in Astana, at the CICA summit yesterday.